Life Science
Calidi Biotherapeutics Relocates to 9,000 SQFT Sorrento Mesa Lab at 5580 Morehouse Drive, Targeting $1.1MM in Annual Savings
Calidi Biotherapeutics, the NYSE American-listed oncology company developing virus-based immunotherapies, signed a 44-month lease for 9,038 square feet of office and laboratory space...
Capricor and Aspen Neuroscience Lead 220,000 SQFT of Cell Therapy Leasing in San Diego as Lab Vacancy Climbs
Capricor Therapeutics and Aspen Neuroscience leased nearly 220,000 square feet of San Diego lab and manufacturing space in the third quarter, joining Seattle's...
San Diego Lab Sublease Vacancy Sinks to 2.8% as Direct Vacancy Hits 25.8%, Leaving Landlords Holding the Glut
San Diego life science tenants have drawn sublease vacancy down to 2.8 percent even as direct vacancy climbed to 25.8 percent, a pattern...
San Diego Lab Market Shrinks to Small Blocks as 58% of Availability Falls Under 20,000 SQFT
Savills' third-quarter contiguous block analysis shows that most of San Diego's available lab space is now offered in blocks of less than 20,000...
Aspen Neuroscience Leases 49,000 SQFT at 11149 North Torrey Pines Road in San Diego’s Torrey Pines as It Readies IPO
Aspen Neuroscience, the San Diego biotech turning Parkinson's patients' own skin cells into replacement neurons, took 48,696 square feet at 11149 North Torrey...
Nitto BioPharma Leases 22,000 SQFT at 10220 Sorrento Valley Road in San Diego
Nitto BioPharma, the San Diego drug-delivery subsidiary of Japanese materials giant Nitto Denko Corp., leased 22,272 square feet at 10220 Sorrento Valley Road,...
Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego
Alexandria Real Estate Equities sold an approximately 29 percent noncontrolling interest in its Campus Point by Alexandria Megacampus in San Diego's University Town...
Alexandria Posts $638.5MM Q3 Loss on Impairments as San Diego Occupancy Runs 12 Points Above Market
Pasadena-based Alexandria Real Estate Equities swung to a $638.5 million third-quarter loss on nearly $638 million of real estate write-downs, even as it...
Maravai LifeSciences Renews 102,000 SQFT in Sorrento Mesa, Shrinking Its Lab Footprint as Class A Vacancy Hits 45.9%
Maravai LifeSciences renewed 102,207 square feet of Class A lab space in Sorrento Mesa while shrinking its overall footprint, landing the second-largest San...
Jay Flatley’s Stealth Radian Bio Lands 80,000 SQFT Torrey Pines Lab, Nearly Tripling Its San Diego Footprint
Radian Bio, the stealth San Diego startup led by former Illumina Chief Executive Officer Jay Flatley, signed an 80,168-square-foot Class A lab relocation...
Iambic Therapeutics Lands 96,000 SQFT Torrey Pines HQ With 32 Months of Free Rent as It Hits Nasdaq
Iambic Therapeutics, the AI-driven drug developer that began trading on Nasdaq on Oct. 15 after a $150 million IPO, has stitched together roughly...
Pfizer’s 518,000 SQFT Exit Sinks Torrey Pines Absorption as Availability Drops, While Del Mar Heights Tightens to 10.3% Lab Vacancy
Pfizer's departure from the last 518,262 square feet of its former Torrey Pines campus gave San Diego's premier lab submarket the region's worst...
